Tencent Holdings Limited (OTC:TCTZF – Get Free Report) shares fell 4.1% during mid-day trading on Monday . The company traded as low as $77.30 and last traded at $81.75. 3,613 shares traded hands during mid-day trading, a decline of 88% from the average session volume of 29,846 shares. The stock had previously closed at $85.22.
Tencent Stock Performance
The stock’s 50 day simple moving average is $80.68 and its 200 day simple moving average is $69.98.
Tencent Company Profile
Tencent Holdings Limited, an investment holding company, offers value-added services (VAS), online advertising, fintech, and business services in the People's Republic of China and internationally. It operates through VAS, Online Advertising, FinTech and Business Services, and Others segments. The company's consumers business provides communication and services, such as instant messaging and social network; digital content including online games, videos, live streaming, news, music, and literature; fintech services, which includes mobile payment, wealth management, loans, and securities trading; and various tools, such as network security management, browser, navigation, application management, email, etc.
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